Evolutec Share Discussion Threads

[frank spencer] 09/3/2007 11:14

It doesn't really matter what the mms are doing. Its a friday and their prices work in 10k, or just 2k on the offer at 20p. Not a real indicator of any likely outcome imo.

[frank spencer] 09/3/2007 11:10

I'm not sure why bp.

Any acquirer getting 8mln cash for about 8 mln, plus a pile of patents and work in progress for nothing is hardly likely to be worse off for the experience.

[frank spencer] 09/3/2007 11:06

Its encouraging that there have been a number of approaches.

The minimum we can expect is net cash imo, which is somehwere north of 25p.

[pugg1ey] 09/3/2007 11:02

hopefully I spoke too soon!

[wiganer] 09/3/2007 11:01

And of course the MMs did a bit of shaking ahead of the announcement, as they usually do in such situations...

I agree things might hot up, though I'm resigned to the possibility that any takeout might not be at an especially massive premium.

[frank spencer] 09/3/2007 11:00

Its all about timing pugg.

[simonparker5] 09/3/2007 10:56

Take over approach announced, things could hot up here.

[pugg1ey] 09/3/2007 09:09

a steady drop I guess until at least the end of the tax year.

[louie76] 06/3/2007 18:57

Is there anybody there?

[louie76] 02/3/2007 23:01

ANY NEWS/OPINIONS?

[frank spencer] 28/2/2007 18:10

Agreed, coupled with the appointment of Numis. I would imagine they have had talks with several suitors already, but as always the price a predator is willing to pay invariably differs from what the vendor wants. Between the major shareholders, the board and Numis, there should be enough contacts to ensure that shareholders receive something between 25-35p imo by Wimbledon.

[landmark4] 28/2/2007 17:40

The institutions buying in January over a short period of time suggests that that something will occur to enhance shareholder value

[louie76] 28/2/2007 17:03

Thanks Frank ,looks like a boring few weeks ahead with this one..

[frank spencer] 28/2/2007 16:53

both.

Some expected a concrete plan yesterday and were disappointed that there will be upto another 3/4 months wait.

Either way, they are exploring all avenues to maximise shareholder value, and the share price should move within the 15p-24p price band in the interim.

No compelling reasons to buy or sell imo.

[louie76] 28/2/2007 16:44

The recent fall due to results or general market ??

[louie76] 27/2/2007 18:01

Any opinions about where we go from here short term,I suspect nowhere...

[frank spencer] 27/2/2007 10:21

As a rule, people seldom voluntarily put themselves out of a job.

[forallseasons] 27/2/2007 08:38

why dont they just redistribute what's remaining of the cash, and then turn itself into a shell. It looks like the directors want to keep themselves in a job and pay themselves a good salary for the next 6 months for doing virtually nothing.

[frank spencer] 27/2/2007 07:26

ps I make cash to be 32p per share.

[frank spencer] 27/2/2007 07:24

The cash is higher than I thought. No sign of a trade sale though, so I suspect the share price will be unchnged to small up.